Micron Technology Inc., adjusted total assets

US$ in millions

	Aug 31, 2023	Sep 1, 2022	Sep 2, 2021	Sep 3, 2020	Aug 29, 2019	Aug 30, 2018
As Reported
Total assets	64,254)	66,283)	58,849)	53,678)	48,887)	43,376)
Adjustments
Add: Operating lease right-of-use asset (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	564)	471)
Less: Deferred tax assets²	756)	702)	782)	707)	837)	1,022)
After Adjustment
Adjusted total assets	63,498)	65,581)	58,067)	52,971)	48,614)	42,825)

¹ Operating lease right-of-use asset (before adoption of FASB Topic 842). See details »

² Deferred tax assets. See details »

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Micron Technology Inc., adjusted total liabilities

US$ in millions

	Aug 31, 2023	Sep 1, 2022	Sep 2, 2021	Sep 3, 2020	Aug 29, 2019	Aug 30, 2018
As Reported
Total liabilities	20,134)	16,376)	14,916)	14,682)	12,019)	10,112)
Adjustments
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	564)	471)
Less: Deferred tax liabilities (included in Other noncurrent liabilities)²	117)	13)	10)	9)	4)	3)
After Adjustment
Adjusted total liabilities	20,017)	16,363)	14,906)	14,673)	12,579)	10,580)

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Deferred tax liabilities (included in Other noncurrent liabilities). See details »

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Micron Technology Inc., adjusted total Micron shareholders’ equity

US$ in millions

	Aug 31, 2023	Sep 1, 2022	Sep 2, 2021	Sep 3, 2020	Aug 29, 2019	Aug 30, 2018
As Reported
Total Micron shareholders’ equity	44,120)	49,907)	43,933)	38,996)	35,881)	32,294)
Adjustments
Less: Net deferred tax assets (liabilities)¹	639)	689)	772)	698)	833)	1,019)
Add: Redeemable noncontrolling interest	—)	—)	—)	—)	98)	97)
Add: Noncontrolling interest in subsidiary	—)	—)	—)	—)	889)	870)
After Adjustment
Adjusted total equity	43,481)	49,218)	43,161)	38,298)	36,035)	32,242)

¹ Net deferred tax assets (liabilities). See details »

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Micron Technology Inc., adjusted capitalization table

US$ in millions

	Aug 31, 2023	Sep 1, 2022	Sep 2, 2021	Sep 3, 2020	Aug 29, 2019	Aug 30, 2018
As Reported
Current debt	278)	103)	155)	270)	1,310)	859)
Long-term debt	13,052)	6,803)	6,621)	6,373)	4,541)	3,777)
Total reported debt	13,330)	6,906)	6,776)	6,643)	5,851)	4,636)
Total Micron shareholders’ equity	44,120)	49,907)	43,933)	38,996)	35,881)	32,294)
Total reported capital	57,450)	56,813)	50,709)	45,639)	41,732)	36,930)
Adjustments to Debt
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	564)	471)
Add: Current operating lease liabilities (included in Accounts payable and accrued expenses)²	66)	60)	55)	54)	—)	—)
Add: Noncurrent operating lease liabilities³	603)	610)	504)	533)	—)	—)
Adjusted total debt	13,999)	7,576)	7,335)	7,230)	6,415)	5,107)
Adjustments to Equity
Less: Net deferred tax assets (liabilities)⁴	639)	689)	772)	698)	833)	1,019)
Add: Redeemable noncontrolling interest	—)	—)	—)	—)	98)	97)
Add: Noncontrolling interest in subsidiary	—)	—)	—)	—)	889)	870)
Adjusted total equity	43,481)	49,218)	43,161)	38,298)	36,035)	32,242)
After Adjustment
Adjusted total capital	57,480)	56,794)	50,496)	45,528)	42,450)	37,349)

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Current operating lease liabilities (included in Accounts payable and accrued expenses). See details »

³ Noncurrent operating lease liabilities. See details »

⁴ Net deferred tax assets (liabilities). See details »

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Micron Technology Inc., adjusted net income (loss) attributable to Micron

US$ in millions

12 months ended:	Aug 31, 2023	Sep 1, 2022	Sep 2, 2021	Sep 3, 2020	Aug 29, 2019	Aug 30, 2018
As Reported
Net income (loss) attributable to Micron	(5,833)	8,687)	5,861)	2,687)	6,313)	14,135)
Adjustments
Add: Deferred income tax expense (benefit)¹	(7)	294)	(19)	110)	336)	(259)
Add: Other comprehensive income (loss), net of tax	248)	(562)	(69)	62)	(1)	(19)
Add: Comprehensive income (loss), net of tax, attributable to noncontrolling interest	—)	—)	—)	23)	45)	3)
After Adjustment
Adjusted net income (loss)	(5,592)	8,419)	5,773)	2,882)	6,693)	13,860)

¹ Deferred income tax expense (benefit). See details »

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Micron Technology Inc. (NASDAQ:MU)

Adjustments to Financial Statements